403 Lexington St Richmond, MO 64085
This exceptional 6,120-square-foot office building is available for $220,000, offering a compelling price per square foot of $35.95. Located at 403 W Lexington Street in Richmond, Missouri (zip code 64085), this property presents a significant opportunity for businesses seeking ample space and convenient amenities. The building is zoned for commercial use (Com), allowing for a wide range of potential applications. The property boasts substantial parking, providing convenient access for employees and clients. The interior features extensive office space, well-suited for a variety of business operations. Historically, a full-service steel fabrication company successfully operated from this location, demonstrating its suitability for industrial or manufacturing-related businesses. The building's size and layout offer flexibility for customization to meet specific business needs. Its strategic location in Richmond, Montana provides easy access to local infrastructure and transportation networks. This is an ideal opportunity for entrepreneurs and established businesses alike seeking a well-maintained and spacious commercial property in a desirable location. The asking price represents excellent value for the size and features offered. Serious inquiries are encouraged to explore this promising investment opportunity further.
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m1kc General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.